Post Holdings Announces Commencement of Senior Notes Offering
June 24 2019 - 7:21AM
Post Holdings, Inc. (NYSE:POST) (the “Company” or “Post”) today
announced it intends to commence a private offering to eligible
purchasers, subject to market and other conditions, of $500.0
million in aggregate principal amount of senior notes due 2029 (the
“Notes”). The Notes will be unsecured unsubordinated obligations of
the Company and will be guaranteed by the Company’s material
domestic subsidiaries (other than certain excluded
subsidiaries).
The Company intends to use the net proceeds from the proposed
offering for general corporate purposes, which could include, among
other things, financing acquisitions and repayment of indebtedness.
The final terms and amounts of the Notes are subject to market and
other conditions, and may be materially different than
expectations.
The Notes and the related subsidiary guarantees are being
offered in the United States to persons reasonably believed to be
qualified institutional buyers in an offering exempt from
registration pursuant to Rule 144A under the Securities Act of
1933, as amended (the “Securities Act”), and to persons outside of
the United States in compliance with Regulation S under the
Securities Act. The Notes and the related subsidiary guarantees
have not been registered under the Securities Act, or any state
securities laws, and unless so registered, may not be offered or
sold in the United States except pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of
the Securities Act and applicable state securities laws.
This press release is not an offer to sell or a solicitation of
an offer to buy any security and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offering,
solicitation or sale would be unlawful. This press release is being
issued pursuant to and in accordance with Rule 135c under the
Securities Act.
Cautionary Statement on Forward-Looking
Language
Forward-looking statements, within the meaning of Section 27A of
the Securities Act and Section 21E of the Securities Exchange Act
of 1934, are made throughout this press release. These
forward-looking statements are sometimes identified from the use of
forward-looking words such as “believe,” “should,” “could,”
“potential,” “continue,” “expect,” “project,” “estimate,”
“predict,” “anticipate,” “aim,” “intend,” “plan,” “forecast,”
“target,” “is likely,” “will,” “can,” “may,” “would” or the
negative of these terms or similar expressions elsewhere in this
release. All forward-looking statements are subject to a number of
important factors, risks, uncertainties and assumptions that could
cause actual results to differ materially from those described in
any forward-looking statements. These factors and risks include,
but are not limited to, unanticipated developments that prevent,
delay or negatively impact the offering and other financial,
operational and legal risks and uncertainties detailed from time to
time in the Company’s cautionary statements contained in its
filings with the Securities and Exchange Commission. These
forward-looking statements represent the Company’s judgment as of
the date of this press release. The Company disclaims, however, any
intent or obligation to update these forward-looking statements.
There can be no assurance that the proposed offering will be
completed as anticipated or at all.
Contact:Investor RelationsJennifer
Meyerjennifer.meyer@postholdings.com(314) 644-7665
Post (NYSE:POST)
Historical Stock Chart
From Aug 2024 to Sep 2024
Post (NYSE:POST)
Historical Stock Chart
From Sep 2023 to Sep 2024